Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) insider Seymour Schulich bought 1,000,000 shares of the stock in a transaction dated Tuesday, September 18th. The shares were purchased at an average price of C$0.89 per share, for a total transaction of C$890,000.00.

Pengrowth Energy stock traded up C$0.01 during mid-day trading on Tuesday, reaching C$0.92. 627,910 shares of the company were exchanged, compared to its average volume of 491,670. Pengrowth Energy Corp has a 12 month low of C$0.77 and a 12 month high of C$1.52.

Pengrowth Energy (TSE:PGF) (NYSE:PGH) last posted its quarterly earnings data on Friday, August 3rd. The company reported C($0.04) EPS for the quarter. Pengrowth Energy had a negative return on equity of 53.26% and a negative net margin of 179.98%. The company had revenue of C$146.40 million for the quarter.

A number of equities analysts have recently weighed in on PGF shares. National Bank Financial reiterated a “sector perform” rating and set a C$1.10 target price on shares of Pengrowth Energy in a research note on Tuesday, August 7th. CIBC increased their target price on Pengrowth Energy from C$0.90 to C$1.10 in a research note on Friday, July 20th. BMO Capital Markets restated a “market perform” rating and set a C$1.30 price objective on shares of Pengrowth Energy in a research note on Thursday, June 28th. Raymond James raised their price objective on Pengrowth Energy from C$0.75 to C$1.00 in a research note on Thursday, July 5th. Finally, TD Securities lowered their price objective on Pengrowth Energy from C$0.90 to C$0.80 and set a “reduce” rating on the stock in a research note on Tuesday, August 7th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock has an average rating of “Hold” and an average price target of C$1.06.

Pengrowth Energy Company Profile

Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids.

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Insider Buying and Selling by Quarter for Pengrowth Energy (TSE:PGF)

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